Mergers and acquisitions

1410 articles tagged with this keyword

/Mergers and acquisitions

Patrizia buys real estate fintech BrickVest

London-based online real estate investment platform BrickVest has been bought by German outfit Patrizia. Financial terms were not disclosed.

/ai

Accenture boosts analytics skills with Mudano acquisition

Accenture has agreed to buy Mudano, a data consultancy that works with UK financial services firms. Financial terms were not disclosed.

/payments

Worldline agrees EUR7.8 billion deal to acquire Ingenico

Worldline is to acquire French peer Ingenico for EUR7.8 billion, creating a European payments powerhouse and the fourth-largest player in payment services worldwide.

/markets

SGX buys majority stake in index firm Scientific Beta

Singapore Exchange (SGX) is scaling up its Data, Connectivity and Indices (DCI) business through the acquisition of a 93% stake in Scientific Beta for EUR186 million in cash.

/Mergers and acquisitions

BMO to buy Clearpool

Bank of Montreal has agreed to buy New York-based trading technology outfit Clearpool Group. Financial terms were not disclosed.

/Mergers and acquisitions

Blank cheque firm Far Point makes fintech play through Global Blue acquisition

Swiss payments and tax-free shopping outfit Global Blue has agreed a merger with Far Point, a "blank cheque" firm set up by hedge fund Third Point and former Nyse president Thomas Farley, in a deal that includes a significant investment from Ant Financial.

/retail

Raisin preps US launch with Choice Financial Solutions acquisition

European savings marketplace outfit Raisin is acquiring Choice Financial Solutions for its push into the US market.

/Mergers and acquisitions

Visa to acquire Plaid for $5.3 billion

Visa is to shell out $5.3 billion to acquire bank data sharing startup Plaid.

/Mergers and acquisitions

Credit card issuer Newday to purchase finance platform Deko

UK credit card issuer NewDay is set to acquire retail finance platform Deko in bid to diversify its offering.

/payments

PayU to create digital lending platform in India with PaySense acquisition

PayU is to acquire a controlling interest in Indian digital credit platform PaySense for $185 million.

/Mergers and acquisitions

Commerzbank paves way for full comdirect ownership

Commerzbank has increased its holding in comdirect to over 90%, paving the way for full ownership of the online brokerage.

/Mergers and acquisitions

Cboe agrees EUR45 million deal to acquire EuroCCP

Cboe Global Markets has entered into a definitive agreement to acquire pan-European equities clearing house EuroCCP.

/Mergers and acquisitions

Charles Schwab to acquire TD Ameritrade for $26 billion

Charles Schwab has agreed to acquire rival discount brokerage TD Ameritrade in an all-stock transaction valued at approximately $26 billion.

/payments

PayPal to buy online rewards platform Honey for $4bn

PayPal has agreed its largest ever acquisition - a $4 billion deal to buy Honey Science Corporation, the firm behind a browser extension and app that helps people find online shopping rewards and deals.

/Mergers and acquisitions

SIX makes cash offer of EUR2.84 billion for Spain's BME

Swiss Stock Exchange operator SIX is to make a EUR2.84 billion all-cash tender offer for Spain's Bolsas y Mercados Españoles, setting up a likely bidding war with pan-European exchange Euronext.

/Mergers and acquisitions

Elavon to acquire Sage Pay for £232 million

US Bank-owned Elavon is to acquire payments gateway Sage Pay for £232 million, expanding its business in the UK and Ireland.

/Mergers and acquisitions

EML acquires Prepaid Financial Services for £226 million

Ireland-based Prepaid Financial Services has agreed to sell 100% of its share capital to Australian payments firm EML for £226 million upfront plus an earn-out component worth £55 million.

/Mergers and acquisitions

Visa acquires minority stake in Nigeria's Interswitch

Visa is to acquire a 'significant' minority equity stake in Nigerian payments processor Interswitch in a deal that propels the African firm into Unicorn territory.

/security

Canada's Interac buys digital ID outfit 2Keys

Canadian debit network Interac has acquired Ottawa-based 2Keys to strengthen its position in the digital identity market. Financial terms of the deal were not disclosed.

/wholesale

Avaloq prepares for sale - Reuters

With its largest shareholder looking for an exit, Swiss fintech house Avaloq has begun exploring a sale or initial public offering, according to Reuters.